Catalent Inc reports results for the quarter ended in June 30 - Earnings Summary

Catalent

29/08/2024 13:17

* Catalent Inc  CTLT.N  reported quarterly adjusted earnings
of 65
cents​​ per share for the quarter ended June 30, higher than the
same quarter last year, when the company reported EPS of 9
cents.  The mean expectation of thirteen analysts for the
quarter was for earnings of 47 cents per share. Wall Street
expected results to range from 24 cents to 66 cents per share.
    * Revenue rose 21.8% to $1.30 billion from a year ago;
analysts
expected $1.22 billion. 
    * Catalent Inc's reported EPS for the quarter was 13 cents​.
    * The company reported quarterly net income of $23 million.
    * Catalent Inc shares had risen by 6.3% this quarter and
gained 33.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 9
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the
pharmaceuticals
peer group is also "hold"

Wall Street's median 12-month price target for Catalent Inc is
$63.50 
This summary was machine generated from LSEG data August 29 at
12:17 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 1 0001       0.47           0.65           Beat
 Mar. 31 2024                     -0.06          
 Dec. 31 2023                     -0.24          
 Sep. 30 2023      -0.14          -0.10          Beat